Personal Finance and Investing Articles

Bank of America (NYSE: BAC) recently announced that they would be halting the practice of automatically enrolling in programs which previously allowed customers to overdraft their checking accounts via use of their debit card. Bank of America’s new policy will deny debit card transactions unless customers pre-agree to pay overdraft fees if they charge more [...]

Bank of America ((NYSE: BAC) has brought to an end the overdraft fees associated with debit card purchases. This decision can end up costing the bank tens of millions in revenue each year but it would also force the hand of other banks to do the same, which is good news for consumers.
In the past, [...]

It comes as no surprise that consumer complaints regarding the debt settlement industry have spiked in recent years. Hundreds of new companies offering debt relief have sprouted up, seemingly overnight, to provide services to the millions of Americans who are struggling with debt. Many consumers, desperate to eliminate debt, jump at any opportunity [...]

For years consumers have complained about some underhanded tactics used by credit card companies which make it almost impossible to pay off high debt balances. Prior to the enactment of The Credit Card Accountability, Responsibility and Disclosure (CARD) Act of 2009, credit card companies operated in a largely unregulated industry. In addition to [...]

Last year more than 702 banks across the nation were in trouble. The FDIC keeps the list and does not reveal the name of the banks experiencing problems. As many bank customers have seen the fallout from other banks that have folded, many continue to worry they will soon be in the same position.
Experts now [...]

The Internal Revenue Service is reminding taxpayers that falling for common tax season myths could land you in hot water. Due to just about everyone having access to the Internet many of these popular myths are more commonly used as excuses for not paying taxes or filing a tax return. Unfortunately if you [...]

Many seniors in high school are just starting to hear about their admissions to college and universities around the country. It’s an exciting time for many families but also a time of significant worry when it comes to financing that higher education.
For those who have not been guaranteed a full scholarship to their choice of [...]

Seeming to take courage from the implementation of the Credit Card Accountability, Responsibility and Disclosure Act (CARD) only this month, the Attorney General of New York, Andrew Cuomo, had this to say in response to Citibank’s previous decision to start charging customers fees for checks on their EZ or Access Checking Accounts; “Adding unexpected fees [...]

With the up-and-down economy in the United States, businesses are struggling to stay alive. Business owners welcome any occasion that can bring a boost in sales, even if it’s temporary. For some, the Super Bowl provides this boost, albeit temporary.
On February 7, 2010, the city of Miami, Fl will host Super Bowl XLIV at Land [...]

In recent years you have probably noticed a decline in credit card offers arriving in your mailbox. Before the recession took hold of the country, American consumers were regularly inundated with offers of credit in their mail each day. As the economy took a nose dove, credit issuers reigned in the credit free [...]

The beginning of 2010 has seen the dust settling on the global financial crisis. The worst appears to be over, and world-wide, governments and business have recovery plans under way. Confidence is returning to business and households, with both groups looking to the future.
This is an excellent time for salary earners to re-assess their financial [...]

If brand names like Ferrero, Hershey and Kraft all make your mouth water, imagine the effect their association with the Cadbury company has had on investors over the past week.
Cadbury, the UK based chocolate giant, faced a hostile takeover bid that stretches back into the last quarter of 2009, which is an eternity in the [...]

The tax season is in full swing, and many people will choose to have their taxes completed by a paid tax preparer, seeking the largest refund possible. Most of these tax preparers are unregulated, but that may soon change, according to the Internal Revenue Service.
It is unclear as to how many tax preparers are in [...]

On average, digital cable subscribers pay 75 a month, with some subscribers paying upwards of $100 just to access the regular stations. Price hikes of 5% a year are not unusual but as it stands for consumer now, your bill will continue to rise with no caps in site.
Cable companies have to make up for [...]